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it's deeply bipartisan worked out by mitch mcconnell and the white house. of course vice president biden was in there. >> do you support the bill? >> this is not new information. yes, i would support the bill. >> how many democrats would not support the bill? >> i don't have that count. i think it really -- i would hope and expect that this is a bipartisan bill. that's what the american people have been asking us to do is to find a way to protect the middle class in this country, to provide certainty for the markets and actually for all of us both consumers and investors and get it done. don't go over this cliff. take care of particularly the tax provisions in this legislation. we will have other opportunities to discuss and will be implementing either sequester an alternative. that's a trillion dollars in spending cuts we've committed to. the notion we haven't dealt with spending. we know we need some tax revenues. this is a compromise. >> we've got a minute left here, congress woman -- >> something we have to vote on. i'm saying. >> you want it to come to
it's deeply bipartisan worked out by mitch mcconnell and the white house. of course vice president biden was in there. >> do you support the bill? >> this is not new information. yes, i would support the bill. >> how many democrats would not support the bill? >> i don't have that count. i think it really -- i would hope and expect that this is a bipartisan bill. that's what the american people have been asking us to do is to find a way to protect the middle class in this...
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i see the republican leader mitch mcconnell as having so much power, daryl eisa and eric cantor following. it is like they are the face of the republican party. hearing their comments and watching them in action, i think these guys are really hard to deal with. anyway, i think they are the fly in the buttermilk. host: abc's jonathan carl, who has been a capitol hill producer for several years and is now going to be the new white house correspondent for abc is up on capitol hill following this. here is a tweed he just sent out. that is from a senate democratic leadership aide according to jonathan carl of abc news. james in new hampshire republican line. caller: happy new year. i am a republican died in the wall, but what i will say is both parties -- i don't know which one started disappearing -- started it and i don't care, why do they let it go to the last second? i am craig said every one of them. my congressman bass -- i am crazed at every one of them. my congressman bass, they got he got kicked out. all they are doing tonight is fixing unemployment, farms, and all that stuff, which n
i see the republican leader mitch mcconnell as having so much power, daryl eisa and eric cantor following. it is like they are the face of the republican party. hearing their comments and watching them in action, i think these guys are really hard to deal with. anyway, i think they are the fly in the buttermilk. host: abc's jonathan carl, who has been a capitol hill producer for several years and is now going to be the new white house correspondent for abc is up on capitol hill following this....
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on sunday morning mitch mcconnell calls joe biden. they get together, offers are traded back and forth, and presto, voila, they come up with a deal and they put it on the floor and it sets those thresholds at $400,000 and $450,000 and it's passed at 2:00 last night and so it comes to the house republicans who have met all morning. joe biden incidentally was back on the hill this morning meeting behind closed doors with democrats who are pretty much bystanders to a republican political train wreck at this point. nancy pelosi says the bill representing gigantic progress, that's fine, but this is really on republicans right now. and people are looking at it, i'm already hearing people looking at what house republicans are doing and saying, look, you abdicated your responsibility to write a bill. you punted over to the senate, and now you're going to throw a monkey wrench into this whole thing and make us come back perhaps in a new congress with a clean legislative slate. so it is a very dangerous not only economic situation here that we'
on sunday morning mitch mcconnell calls joe biden. they get together, offers are traded back and forth, and presto, voila, they come up with a deal and they put it on the floor and it sets those thresholds at $400,000 and $450,000 and it's passed at 2:00 last night and so it comes to the house republicans who have met all morning. joe biden incidentally was back on the hill this morning meeting behind closed doors with democrats who are pretty much bystanders to a republican political train...
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host: how is mitch mcconnell looking to the right? guest: this deal is a bad deal for conservatives. i don't know how he can, he's very smart and he's very -- you know, he's willing to make-up popular stands in order to get what republicans want. but this deal is a terrible deal. i think a lot of conservatives will say if nothing happens we'll be in a better position. he he made a number of fumbles along the way that got us to this place. i think at the moment he is getting a little bit more ire from conservatives. host: what did you make of the president's news conference? guest: he comes out and says we need to work together and stop trying to score political points. then he goes on to trash the motives of republicans. "we believe in something. you have your mandate. we have our mandate." i find that to be small and petty. this is it high point for him. this deal he got is a fantastic deal. he is going to have to go back to people and raise more taxes. he said this is not going to work. i think he was lying down the marker. this may
host: how is mitch mcconnell looking to the right? guest: this deal is a bad deal for conservatives. i don't know how he can, he's very smart and he's very -- you know, he's willing to make-up popular stands in order to get what republicans want. but this deal is a terrible deal. i think a lot of conservatives will say if nothing happens we'll be in a better position. he he made a number of fumbles along the way that got us to this place. i think at the moment he is getting a little bit more...
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for sure i think mitch mcconnell may be the unsung hero here, right? so until the last week or so he was very much taking a back seat to speaker boehner. now, there is some sense, no disreto anybody else in congress he is kind of the adult in the room on the republican side that decided a deal had to get done. knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry reid, again certainly in a position to obstruct something. he didn't. so could he have been more aggressive? perhaps so. i think this is kind of the outcome a lot of members of the senate, house, democrat and republican foresaw. i don't give any bad notes to harry reid on this. heather: okay. basically because he went quiet and stepping into his place and appeared to be vice president joe biden. >> biden is clear winner even eclipsing the president who yesterday almost had what democratic strategists call a leon lett moment. the dallas cowboy who spiked football bef
for sure i think mitch mcconnell may be the unsung hero here, right? so until the last week or so he was very much taking a back seat to speaker boehner. now, there is some sense, no disreto anybody else in congress he is kind of the adult in the room on the republican side that decided a deal had to get done. knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry...
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mitch mcconnell said that they agreed to the measure instead of letting the middle class suffer. >> we do not think that the taxes should go up on anybody. but if we did not do anything that they would be going up on everybody today. we were not going to let that happen. >> they are going to reconvene today. add pain. ed payne reporting. >>> doctors are treating secretary of state hillary clinton for a blood clot that formed in her head and they're confident she will make a full recovery. they say the blood clot did not cause a stroke, or any brain damage. the clot is located in the vein in the space between the brain and the skull behind the right ear. to help dissolve the clot, they are treating her with blood thinners. she will be released once the medication dose has been established. she was expected to return to the state department this week. >>> the kron four morning news. here's a live look outside. from last night.. [ male announcer ] subway has so many heart-healthy and delicious meals certified by the american heart association. look for the heart check on your favorite sub
mitch mcconnell said that they agreed to the measure instead of letting the middle class suffer. >> we do not think that the taxes should go up on anybody. but if we did not do anything that they would be going up on everybody today. we were not going to let that happen. >> they are going to reconvene today. add pain. ed payne reporting. >>> doctors are treating secretary of state hillary clinton for a blood clot that formed in her head and they're confident she will make a...
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what happens to mitch mcconnell? guest: those of us that follow congress know what a great deal maker mitch mcconnell is. he knows how to use power like few others do in the congress. during the debt crisis, it was his deal eventually was adopted with some changes. he has a few less members, but he knows how to use the parliamentary system and he is a force to be reckoned with. you need to do business with mitch mcconnell, particularly since indeed 60 days to overcome procedural hurdles. host: same question, but this one for speaker john boehner in the 113th congress. guest: that is an interesting question to watch closely. house speakers do best when the rule with an iron fist. nancy pelosi muscled through health care, the economic stimulus and evil -- even the global warning plan. speaker boehner says let the rank-and-file worker there will. if there are signs that he is going back to the nancy pelosi- style of leadership, when he had four members cost of various committees, that was a sign, you had better play bal
what happens to mitch mcconnell? guest: those of us that follow congress know what a great deal maker mitch mcconnell is. he knows how to use power like few others do in the congress. during the debt crisis, it was his deal eventually was adopted with some changes. he has a few less members, but he knows how to use the parliamentary system and he is a force to be reckoned with. you need to do business with mitch mcconnell, particularly since indeed 60 days to overcome procedural hurdles. host:...
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mitch mcconnell trusted joe biden. they trust. in washington, your word is something that's very important. they got a deal last night. for the country, i think that was a good thing. >> we do know the republicans say it's not a raise on taxes for those who make $250,000. at least it's up to $400,000. they can say the bush tax cuts which everyone knew were going to be sunsetted in ten years, 12 years later 90% of them are in place permanently. are republicans spinning it and saying those are good things? >> i think they are legitimately good things. the fact of the matter is raising taxes on people that hire folks my age and buying products that create jobs is going to do something for our economy. republicans say why didn't we have a plan earlier that defended those people, defended jobs for young americans, keeping the economy going. this does nothing for the debt, does nothing for spending. we're going to have another cliff in march but we have a greater cliff for our generation. there is a great piece in "the washington times"
mitch mcconnell trusted joe biden. they trust. in washington, your word is something that's very important. they got a deal last night. for the country, i think that was a good thing. >> we do know the republicans say it's not a raise on taxes for those who make $250,000. at least it's up to $400,000. they can say the bush tax cuts which everyone knew were going to be sunsetted in ten years, 12 years later 90% of them are in place permanently. are republicans spinning it and saying those...
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mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> it was widely reported that the deal would include making the bush era tax cuts permanent for families with incomes under $450,000 a year. for households making more than that amount, rates would rise from the current 35% to 39.6%. the agreement would also raise the estate tax. in addition, unemployment benefits would be extended for one year. otherwise some 2 million americans face the end of their benefits beginning in january. on the senate floor shortly before midafternoon, minority leader mcconnll confirmed that the stalemate on taxes appeared to be over. >> i can report that we've reached an agreement on all of the tax, th
mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> it was widely reported that the deal would include making the bush era tax cuts permanent for families with...
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looks like mitch mcconnel has republicans on board. it needs to pass with large margin. the big question mark is the house. john ba john baoehner has had this marker. he said no to his own plan b bill that had the tax rates going up for those over a million dollars. there's no question will be republican defections in the house. can he keep together a ma jorjo of his caucus. the house republicans have been so unpredictable that i couldn't wager a guess on that. i would think they want to take this deal and live to fight another day but you just don't flow until you see the votes come through. >> i'm sure you just overhead my conversation. john boehner is in really tough spot. talk about your thoughts on what he's got to be doing as far as the dance to please members of his party and try to work out a compromise. >> he's probably the person having the worst new year's eve of anybody in washington. he's got to contend with the fact he's going to need some democrats on board. he's got a caucus that doesn't like to go along with him. they don't really trust him think think h
looks like mitch mcconnel has republicans on board. it needs to pass with large margin. the big question mark is the house. john ba john baoehner has had this marker. he said no to his own plan b bill that had the tax rates going up for those over a million dollars. there's no question will be republican defections in the house. can he keep together a ma jorjo of his caucus. the house republicans have been so unpredictable that i couldn't wager a guess on that. i would think they want to take...
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>> well, joe biden and mitch mcconnell are older school politicians. they remember a time when compromise was how you close deals like this. and there are a lot of, i guess, mostly younger members up there who don't remember that time. they view their job is to go to washington and create conflict and have grid lock. that doesn't mean that their caucuses will certainly be with them. that is no surprise to me that vice president joe biden is talking with them. it is not a slam dunk, i suspect it will, especially if it passes the senate with a significantly bipartisan vote. you have some real deal makers. >> what do you think that this really means in your opinion, to the average american taxpayer? whether, you know, with the threat we may go over the cliff, and now we may really not. what difference did this really, really mean and if you could put it in plain words for us who are not economists, just explain what it means for all of us? >> well, first of all it means that if you're someone who is a beneficiary of long-term unemployment benefits, you're
>> well, joe biden and mitch mcconnell are older school politicians. they remember a time when compromise was how you close deals like this. and there are a lot of, i guess, mostly younger members up there who don't remember that time. they view their job is to go to washington and create conflict and have grid lock. that doesn't mean that their caucuses will certainly be with them. that is no surprise to me that vice president joe biden is talking with them. it is not a slam dunk, i...
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mitch mcconnell is trying to sell it to some skeptical democrats. congressional leaders are essentially giving the okay on this, but this is something that has to get through both houses of congress. so what you have here is the vice president trying to relate to concerns of a number of the more liberal democrats who think that the tax threshold is too high for them. but there are other provisions of the one included that are not in there, and they are going to say, fiscal cliff is going to hit soon and this is the best deal we are quite yet. after that comment on the house republicans and house democrats that will need both of them to come up and vote for this thing, to get through on the house. the schedule is still a little murky. we don't know when the senate will vote on this. it will likely go first here in the senate, and then it is up to the house and the pressure is beginning to get signoff on this thing. >> that seems to be the big question. we have the video of the podium which is where we hope to get some kind of statement from someone i
mitch mcconnell is trying to sell it to some skeptical democrats. congressional leaders are essentially giving the okay on this, but this is something that has to get through both houses of congress. so what you have here is the vice president trying to relate to concerns of a number of the more liberal democrats who think that the tax threshold is too high for them. but there are other provisions of the one included that are not in there, and they are going to say, fiscal cliff is going to hit...
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it is a big deal that mitch mcconnell is expected to be voting for in. will his rank and file go along. more importantly in the days ahead will the rank and file on the house republican caucus go along. finally tonight will we see the president -- we are not expecting to see him tonight since this is not done-done yet. more likely we will see him tomorrow, bret. >> bret: 20 seconds here, ed, before we take another break. but is it a loss for this white house that the debt ceiling part of this is not included? >> there is no doubt they wanted it included in here. they were fighting for are it. so it is is a loss in it that is sense but they will argue they won most of the other battles and they are willing to fight that one out in the days ahead although they believe that the republicans will pay a price if they turn it once again into a political football, bret. >> bret: and looks like it may just be heading right down that alley. ed henry live at the white house. we will be checking in again. vice president biden still meeting on capitol hill with senat
it is a big deal that mitch mcconnell is expected to be voting for in. will his rank and file go along. more importantly in the days ahead will the rank and file on the house republican caucus go along. finally tonight will we see the president -- we are not expecting to see him tonight since this is not done-done yet. more likely we will see him tomorrow, bret. >> bret: 20 seconds here, ed, before we take another break. but is it a loss for this white house that the debt ceiling part of...
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. >> reporter: the two people were senate republican leader mitch mcconnell and vice president joe biden who worked the phones late last night and early this morning after talks between mcconnell and majority leader harry reid stalled. >> discussions continued today on a plan to protect middle class families from the tax increase tomorrow. there are a number of issues on which the two sides are still apart, but negotiations are continuing as i speak. >> reporter: the agreement would set the threshold for extending the bush tax cuts at $400,000 for individuals and $450,000 for families. it would set the tax rate our income people at 39.6%, the rate under former president bill clinton. estates would be taxed at 40% above $5 million for individuals and $10 million for a married couple. unemployment benefits would be extended a year, as would the medicare doc fix and it would permanently fix the alternative minimum tax. a big concern for republicans is there are no new spending cuts. >> history has a way of repeating itself. somehow washington never gets the message and here we are 30 years
. >> reporter: the two people were senate republican leader mitch mcconnell and vice president joe biden who worked the phones late last night and early this morning after talks between mcconnell and majority leader harry reid stalled. >> discussions continued today on a plan to protect middle class families from the tax increase tomorrow. there are a number of issues on which the two sides are still apart, but negotiations are continuing as i speak. >> reporter: the agreement...
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we're told republican leader mitch mcconnell is on board. the vice president is briefing democrats right now. you saw him walk past the cameras wishing everyone a happy new year. we'll see if there's a happy new year. much me of the breaking news right after this. you know that little 50-pound thingy at the doctor's office when they weigh you, and they have to move it over? my doctor does not have to do that anymore. [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. feels great. [ male announcer ] simple. effective. take that, 50 pound thingy. let's fight fat with alli. learn more, lose more at letsfightfat.com. learn more, lose more ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this comp
we're told republican leader mitch mcconnell is on board. the vice president is briefing democrats right now. you saw him walk past the cameras wishing everyone a happy new year. we'll see if there's a happy new year. much me of the breaking news right after this. you know that little 50-pound thingy at the doctor's office when they weigh you, and they have to move it over? my doctor does not have to do that anymore. [ male announcer ] for every 2 pounds you lose through diet and exercise alli...
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and mitch mcconnell is the one who really wanted a deal because mitch mcconnell made the political calculation that the best leverage that the democrats and the white house had over them in this ongoing budget battle -- and let's remember, that's what we are in the middle of. and we haven't gotten rid of that. this ongoing battle of shaping the federal budget, who pays for deficit reduction, that the tax issue wasn't solved, that that would be a bigger sledgehammer against the republicans. so mcconnell was incentivized to do a deal, and so were all the senate republicans. that's why you saw such an effort in the last two day, particularly on mitch mcconnell to try and hammer out some sort of deal. the president wants a deal. he doesn't want to go over the cliff. now there are a bunch of other democrats that do. but the president didn't want to do it because he wants to be able to take this. he thinks that having a straight-up fight when debt ceiling expires in two months, and priorities about how to handle the deficit reduction and all these other things, that they will have a stronger leg to
and mitch mcconnell is the one who really wanted a deal because mitch mcconnell made the political calculation that the best leverage that the democrats and the white house had over them in this ongoing budget battle -- and let's remember, that's what we are in the middle of. and we haven't gotten rid of that. this ongoing battle of shaping the federal budget, who pays for deficit reduction, that the tax issue wasn't solved, that that would be a bigger sledgehammer against the republicans. so...
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and of course he has about 23 years of just working with mitch mcconnell. so the two men have a good working relationship, and some have said that vice president biden has been the good cop to harry reid's bad cop. 10 he has really helped to move things along. but right now things are merging behind the scenes. talks are continuing. again, the vice president, if he feels is needed will head over to the hill. milissa? >> do you see the same blame game going on as was happening yesterday with all the fingers pointing back and forth at each other saying it's your fault, no, it's yours? and do you any that we'll be hearing more from the president tonight? >> well, of course, it's always an open question if we'll be hearing more from the president. there is no word yet if we will actually be hearing from him tonight. it is getting quite late. so i think that the chance is diminished by the hour. but the president did point some fingers today. he had some sharp words for republicans in congress. essentially saying that they couldn't get a big deal done because no
and of course he has about 23 years of just working with mitch mcconnell. so the two men have a good working relationship, and some have said that vice president biden has been the good cop to harry reid's bad cop. 10 he has really helped to move things along. but right now things are merging behind the scenes. talks are continuing. again, the vice president, if he feels is needed will head over to the hill. milissa? >> do you see the same blame game going on as was happening yesterday...
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we'll also hear from john mccain and mitch mcconnell. later a discussion on the emerging economies around >> anxiety, dread, fear. what would happen on january 1, when the emancipation proclamation was signed? many people spent three months making the president, don't do it. don't sign it. retract it. we still have time to step back. part of what i would like to do today is tell you some of that story, the story that really leads up to this moment. this moment as the nation waited for midnight, december 31. >> tuesday night, january 1, 150 years from today, a look at the emancipation proclamation. but followed by other historians on the controversy and debate. part of four days of american history tv at 9:30 on c-span3. >> the president of the united states -- [applause] >> thank you. >> happy new year to you. >> hello, everybody. thank you. everybody have a seat. good afternoon, everybody. welcome to the white house. i realize that the last thing you want to hear on new year's eve is another speech from me. but i do need to talk about t
we'll also hear from john mccain and mitch mcconnell. later a discussion on the emerging economies around >> anxiety, dread, fear. what would happen on january 1, when the emancipation proclamation was signed? many people spent three months making the president, don't do it. don't sign it. retract it. we still have time to step back. part of what i would like to do today is tell you some of that story, the story that really leads up to this moment. this moment as the nation waited for...
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this is why he had to be pushed out and mitch mcconnell had to be taken over by joe biden. they don't want to cut spending they want to raise taxes. if you want to talk about it later, it should be part of a different deal. but when it comes to different cuts in medicare. this is what is on the table. it brings efficiency into the system. it was part of the president's budget in 2012. republicans didn't want to deal with it. that budget you talk about got zero votes in the senate. hang on igor. let me cut to the chase. if there is a deal, i don't know what they are going to do about a see quester. what is going to happen on the spending side which the bulk don't think they want to cut spending. he says he is hoping for a vote tonight. probably around 1:00 am tonight. a lot of senators walked out of that meeting tonight and they say they feel they are close to a deal. if they can get democrats to agree for a month or two and they agree they feel they can send it to the house. this is so important, will a majority of democrats back this? and i assume it is going to be a 51 ma
this is why he had to be pushed out and mitch mcconnell had to be taken over by joe biden. they don't want to cut spending they want to raise taxes. if you want to talk about it later, it should be part of a different deal. but when it comes to different cuts in medicare. this is what is on the table. it brings efficiency into the system. it was part of the president's budget in 2012. republicans didn't want to deal with it. that budget you talk about got zero votes in the senate. hang on igor....
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i assume you agree if harry reid and mitch mcconnell put it on the floor and there's a vote, it will pass the senate despite your objection? >> i think it will pass with bipartisan support in the senate. the house is more unpredictable, but once democrats sign onboard in the house, it should pass as well. it's going to require democrats and republicans probably in both bodies in order to pass. i personally don't like it because i think we're kicking the can down the road and we aren't addressing the real crisis in the country which really, to tell you the truth, was not the fiscal cliff that everybody is talking about. it's a debt crisis where we're spending over a trillion each year that we don't have, where we now owe more per person than they do in greece. in some measurements we're worse off than greece now, and this deal will do nothing to help reduce the deficit. >> happy new year to you and everyone out there. thank you for joining us. pass along my best regards to your dad as well. >>> ali velshi is still with us. i know you disagree strongly with some of the comments that we
i assume you agree if harry reid and mitch mcconnell put it on the floor and there's a vote, it will pass the senate despite your objection? >> i think it will pass with bipartisan support in the senate. the house is more unpredictable, but once democrats sign onboard in the house, it should pass as well. it's going to require democrats and republicans probably in both bodies in order to pass. i personally don't like it because i think we're kicking the can down the road and we aren't...
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senator mitch mcconnell e-mailed and said he thought the deal was done until the white house called to say the sequestered cuts should be turned off. since then, she trying to find a way to bye down months of the cut but says the tax issues shooting forward. >> we will continue to work on finding smarter ways to cut spending. but let's not let that hold up,be protecting americans from the tax hike that will take place. we can do this. we must do this. >> though it is down to the wire. >> it's december the 31. january 1 is tomorrow, 2013. taxes go up. >> frustrated senator john thune says the senate should have acted months ago to keep the u.s. economy going off the fiscal cliff. >> i find it really hard to sit and listen to people come up now and wring their hands and talk about gee whiz. i hope we can get something done on the last day. we put two people together basically to resolve this. >> the two people were senate republican lea leader mitch mcconnell and joe biden who worked the phones after talks between mcconnell and harry reid stalled. >> discussions continue today on plan to
senator mitch mcconnell e-mailed and said he thought the deal was done until the white house called to say the sequestered cuts should be turned off. since then, she trying to find a way to bye down months of the cut but says the tax issues shooting forward. >> we will continue to work on finding smarter ways to cut spending. but let's not let that hold up,be protecting americans from the tax hike that will take place. we can do this. we must do this. >> though it is down to the...
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mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> it was widely reported that the deal would include making the bush era tax cuts permanent for families with incomes under $450,000 a year. for households making more than that amount rates would rise from the current 35% to 39.6%. the agreement would also raise the estate tax. in addition unemployment benefits would be extended for one year. otherwise some 2 million americans face the end of their benefits beginning in january. on the senate floor shortly before midafternoon minority leader mcconnell confirmed that the stalemate on taxes appeared to be over. >> i can report that we've reached an agreement on all of the tax the t
mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> it was widely reported that the deal would include making the bush era tax cuts permanent for families with...
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mitch mcconnell wanted to get everything done they agreed to. so far the democrats who are running the senate say not yet. >> if it's more politically palatable for the house republicans to vote on it tomorrow as opposed to today, why don't the senate republicans wait till tomorrow as well? >> that's a great point. something we've been talking about internally in the hours and hours we've been spending walking the halls and standing and waiting. that is certainly a potential political reason to wait. it doesn't seem as though that really is what's driving e senate republicans. it's more of an issue of, i'm told by republicans sources in the house, maybe just a handful of republicans, who could be swayed to vote for it. otherwise, they wouldn't have been able to do it. >> dana, stand by. i'm anxious to see what the senate, the democratic leadership, the republican leadership, decides to do. will there be a vote on the floor in the coming hours? standby. a lot at stake. what does it mean if the u.s. goes over the fiscal cliff? technically, the u.s
mitch mcconnell wanted to get everything done they agreed to. so far the democrats who are running the senate say not yet. >> if it's more politically palatable for the house republicans to vote on it tomorrow as opposed to today, why don't the senate republicans wait till tomorrow as well? >> that's a great point. something we've been talking about internally in the hours and hours we've been spending walking the halls and standing and waiting. that is certainly a potential...
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. >>> mitch mcconnell speaking on the senate floor. let's listen in. >> president said quote for now our most immediate priority is to stop taxes priority is to stop taxes going up for middle class families starting tomorrow, end quote. i agree. he suggested that action on the sequester is something we continue to work on in the coming months. so i agree. let's pass the tax relief portion now. let's take what's been agreed to and get moving. let me say this was not easy to get to. i mean, the vice president and i last spoke about -- yesterday about 12:45 this morning and then again at 6:30 this morning then multiple times during the day this morning. this has been clearly a good faith negotiation. we all want to protect taxpayers. and we can get it done now. right now. so let me be clear. we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in about ten hours. ten hours from now. we can do this. we must do this. i want my colleagues to
. >>> mitch mcconnell speaking on the senate floor. let's listen in. >> president said quote for now our most immediate priority is to stop taxes priority is to stop taxes going up for middle class families starting tomorrow, end quote. i agree. he suggested that action on the sequester is something we continue to work on in the coming months. so i agree. let's pass the tax relief portion now. let's take what's been agreed to and get moving. let me say this was not easy to get...
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there is the republican leader mitch mcconnell talking about a deal. he said they're very close. >> we are very, very close. as the president just said, the most important piece, the piece that has to be done now, is preventing the tax hikes. president said, quote, for now our most immediate priority is to stop taxes going up from middle class families starting tomorrow, end quote. i agree. he suggested that action on the sequester is something we continue to work on in the coming months. so i agree. let's pass the tax relief portion now. let's take what's been agreed to and get moving. let me say this was not easy to get to. i mean, the vice president and i last spoke about yesterday about 12:45 this morning and then again at 6:30 this morning and multiple times here in the day this morning, this has been clearly a good faith negotiation. we all want to protect taxpayers and we can get it done now. right now. so let me be clear. we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the
there is the republican leader mitch mcconnell talking about a deal. he said they're very close. >> we are very, very close. as the president just said, the most important piece, the piece that has to be done now, is preventing the tax hikes. president said, quote, for now our most immediate priority is to stop taxes going up from middle class families starting tomorrow, end quote. i agree. he suggested that action on the sequester is something we continue to work on in the coming months....
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senator mitch mcconnell saying pretty much the exact same
senator mitch mcconnell saying pretty much the exact same
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at least closer to some kind of agreement as vice president biden and mitch mcconnell have been speaking for the last several hours, maybe 12, 24 hours or so. at least those two gentlemen seem to be moving the ball forward or the mark set anticipating that. what can we -- the president comes out and makes a positive comment, okay, that we either have a deal in principle. there are still a lot of variables to take into consideration. >> yes. >> the house is the wild card. >> house is the wild card in the whole thing. >> do you do anything to set yourself up for the other side? >> no. >> that's what people will be thinking as they watch this network. >> my strategy remains, stay with the quality companies. use the dips to buy them. don't try and hit bottoms but don't buy an expectation af nounsments. you know it is not a very, very broad agreement. i think the mark goes up. i don't think there is a big sell-off. but i think is rest. >> bk, are you looking at the same moving goal that i am? a move of a one and a third percent? and that's a spike. and i'm curious to know why this is happenin
at least closer to some kind of agreement as vice president biden and mitch mcconnell have been speaking for the last several hours, maybe 12, 24 hours or so. at least those two gentlemen seem to be moving the ball forward or the mark set anticipating that. what can we -- the president comes out and makes a positive comment, okay, that we either have a deal in principle. there are still a lot of variables to take into consideration. >> yes. >> the house is the wild card. >>...
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you have negotiations led by the vice president and senate minority leader mitch mcconnell. sources are telling us they are making some progress, but here's the catch. if a deal is reached, there is no guarantee it's going to pass. here's what democratic senator tom harkin said on the senate floor earlier this morning. >> if we're going to have some kind of a deal, the deal must be one that really does favor the middle class. the real middle class. those that are making 30,000, 50,000, 60,000, 70,000 a year. that's the real middle class in america. and as i see this thing developing, quite frankly, as i've said before, no deal is better than a bad deal, and this looks like a very bad deal the way it's he shaping up. >> we cover it from all angles. we have dana bash on capitol hill and jessica yellen at the white house. what do we expect the president to say? is he going to essentially lay out a deal here, something that they are working on, or do you think this is meant to push the negotiations, push the republicans a little bit harder? >> reporter: well, i'm advised that th
you have negotiations led by the vice president and senate minority leader mitch mcconnell. sources are telling us they are making some progress, but here's the catch. if a deal is reached, there is no guarantee it's going to pass. here's what democratic senator tom harkin said on the senate floor earlier this morning. >> if we're going to have some kind of a deal, the deal must be one that really does favor the middle class. the real middle class. those that are making 30,000, 50,000,...
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the vp and senate minority leader mitch mcconnell exchanged phone calls until midnight last night and again this morning, and appeared to be zeroing in on a tax rate compromise in the region of a $450,000 to $550,000 threshold. a higher rate than the president's earlier compromise as well as an agreement on the estate tax. sticking points remain. president obama seemed resigned to going over the cliff. >> if all else fails, if republicans do, in fact, decide to block it so that taxes on middle class families do, in fact, go up on january 1st, then on january 4th the first bill to be introduced on the floor will be to cut taxes on middle class families. >> and this morning former white house spokesman robert gibbs was even more blunt. >> the republicans simply can't utter the word yes. they cannot utter the word yes. i mean, i feel like it's -- i feel like you're talking to a 5-year-old, and, you know, you're saying, look, you have to eat your vegetables. the 5-year-old says, ah, you know, maybe. i will eat half of them, and you say will you eat a quarter of them? i will eat a quarter
the vp and senate minority leader mitch mcconnell exchanged phone calls until midnight last night and again this morning, and appeared to be zeroing in on a tax rate compromise in the region of a $450,000 to $550,000 threshold. a higher rate than the president's earlier compromise as well as an agreement on the estate tax. sticking points remain. president obama seemed resigned to going over the cliff. >> if all else fails, if republicans do, in fact, decide to block it so that taxes on...
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i like what mitch mcconnell has said. i like the part about the president and him coming to agreement on some parts there. but you know, the president is a good speaker and always has been. but when it comes to listening to the speech, i could quote you the rest of the line. ram things down the throats, that will never happen. you know, they took the elite few and went behind closed doors and click -- crammed down the health care bill. i do not know what the deficit was when the president came into office, but we know that it keeps climbing higher and higher and we definitely need to get -- i run my household this way. if i cannot afford something, i cannot put the money into it. >> thank you for the call. four years ago the debt was about $12 trillion. as of today, we are close to $16.40 trillion. you can get that from the u.s. debt clock. we have a web site at c- span.org, about the fiscal cliff, leading up to this december 31 deadline, you can check it out anytime on our website. you can also weigh in on our facebook p
i like what mitch mcconnell has said. i like the part about the president and him coming to agreement on some parts there. but you know, the president is a good speaker and always has been. but when it comes to listening to the speech, i could quote you the rest of the line. ram things down the throats, that will never happen. you know, they took the elite few and went behind closed doors and click -- crammed down the health care bill. i do not know what the deficit was when the president came...
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>> mitch mcconnell is chatting with vice president biden. he has been tasked over here to try to find some sort offdeal, some sort of agreement to avoid the fiscal cliff. they have a lot of history together. twenty-three years in the senate together. they have a good working relationship. people call biden the mcconnell whisper around here. they are able to at least talk and get things done. they have been key players in the last negotiation. i have to tell you, dagen, the white house and the vice president office are not telling anything about the talks. harry reid seems to be on the sidelines right now. dagen: the idea of mitch mcconnell in the vice president whispering to one another in each other's ears, just, well, leaves me with no words. [ laughter ] i think i should end it there before i embarrass myself. >> that is okay. the horse whisperer, the mcconnell whisper -- dagen: the dog whisperer on yes, i understand. thank you very much. peter barnes, happy new year. twelve hours to go and no deal inside. david, your reaction to no actio
>> mitch mcconnell is chatting with vice president biden. he has been tasked over here to try to find some sort offdeal, some sort of agreement to avoid the fiscal cliff. they have a lot of history together. twenty-three years in the senate together. they have a good working relationship. people call biden the mcconnell whisper around here. they are able to at least talk and get things done. they have been key players in the last negotiation. i have to tell you, dagen, the white house and...
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we have a lot of speculation, negotiations between the vice president and mitch mcconnell. i want to see the package before i jump to a conclusion or make a judgment. i think it is only fair and it is fair to my constituents. conceptually both sides need to be willing to compromise. we've shown an ability on the democratic side to do so. the president has shown that ability. he was originally at $250,000 then offered $400,000. the house republicans said no to a million dollars, an increase in taxes for people earning over a million dollars. we need to come back to the middle and get this done. my constituents, people throughout america, want to get this done. there is a very strong appetite to doing that. >> i want to change topics and get your reaction to the hospitalization of secretary hillary clinton. she of course represented new york as senator before becoming secretary of state. are you hearing anything new about her health? >> i've not heard anything new about her health. we do know this. she is as tough as nails. she is strong. she is resilient. i know we wish her
we have a lot of speculation, negotiations between the vice president and mitch mcconnell. i want to see the package before i jump to a conclusion or make a judgment. i think it is only fair and it is fair to my constituents. conceptually both sides need to be willing to compromise. we've shown an ability on the democratic side to do so. the president has shown that ability. he was originally at $250,000 then offered $400,000. the house republicans said no to a million dollars, an increase in...
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we saw senator reid and mitch mcconnell try to get a deal, that failed. now mcconnell and biden who have a very good relationship. they worked on extending the tax breaks in 2010 they are trying it. the clock is ticking. the public is going to have to read this bill and members will demand that they read this bill before they vote on it and that's why we will go over the fiscal cliff. >> great to have you here today. i know the clock is ticking. i know you're watching it closely. thank you so much for joining us. >> thank you. gregg. jon: a new report on the terror attack on our consulate in libya. who they are blaming for the deaths of four americans including our ambassador. a french court says goodbye to that country's controversial 75% tax rate on the wealthy. don't you wish you were living in france? what that means for the socialist government of that country as it vows to continue squeezing the rich. new prilosec otc wildberry is the same frequent heartburn treatment as plosec otc. now with a fancy coating that gives you a burst of wildberry flavor
we saw senator reid and mitch mcconnell try to get a deal, that failed. now mcconnell and biden who have a very good relationship. they worked on extending the tax breaks in 2010 they are trying it. the clock is ticking. the public is going to have to read this bill and members will demand that they read this bill before they vote on it and that's why we will go over the fiscal cliff. >> great to have you here today. i know the clock is ticking. i know you're watching it closely. thank...
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mcconnell. >> it's now 2:00 p.m. and we've yet to receive a response to our good faith offer. >> democratic leader harry reid said the gulf over taxes was still too wide, and he indicated the white house might be tying his hands. >> i've had a number of conversations with the president, and at this stage, we're not able to make a counteroffer. >> reporter: so senator mcconnell called the vice president, who he served with in the senate for 24 years. the two men spoke several times sunday. >> i want everyone to know i'm willing to get this done, but i need a dance partner. >> reporter: democrats want to let the bush-era tax cuts expire for all household incomes over $250,000 a year. republicans would rather set the cutoff at around $500,000 or keep the tax cuts in place for everyone. the two sides are also at odds over the estate tax rate which currently stands at 35% but is set to revert to 55%. even if senate leaders do strike a deal and pass a bill today, it would still need to go up for a vot
mcconnell. >> it's now 2:00 p.m. and we've yet to receive a response to our good faith offer. >> democratic leader harry reid said the gulf over taxes was still too wide, and he indicated the white house might be tying his hands. >> i've had a number of conversations with the president, and at this stage, we're not able to make a counteroffer. >> reporter: so senator mcconnell called the vice president, who he served with in the senate for 24 years. the two men spoke...
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at that point, joe biden and mitch mcconnell took over negotiations. the two worked together in the senate for 23 years and have a strong history of finding compromise. >> i think there's some good news. the conversations continued late into the night last night. i think now there is a better than 50/50 chance that we will avoid the fiscal cliff by midnight tonight. >> reporter: if the senate comes one a plan and passes it, the -- comes up with a plan and passes, it the house would have to vote on it. kyla campbell, ktvu channel 2 news. >>> 7:16. even if congress avoids the flip, your paycheck will still be smaller in 2013. that's because a temperature reduction in the social security payroll tax expires today. starting in january, workers will, once again, have 6.2% of their wages withheld to pay for social security. that's up from the 4.2% rate that's been in effect for the past two years. people making $50,000 will get about $83 a month less in their paychecks. >>> 7:16. a new report from the u.s. senate on the attack on the u.s. consue rit in -- on
at that point, joe biden and mitch mcconnell took over negotiations. the two worked together in the senate for 23 years and have a strong history of finding compromise. >> i think there's some good news. the conversations continued late into the night last night. i think now there is a better than 50/50 chance that we will avoid the fiscal cliff by midnight tonight. >> reporter: if the senate comes one a plan and passes it, the -- comes up with a plan and passes, it the house would...
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there was a report that maybe these talks between mitch mcconnell and vice-president biden were making some progress. on that, up went the futures market to show a gain of 80 points for the dow. we're back to showing a gain of 50 or 70 points. watch for head lines, for leaks, for any sound bites that might appear on any news program anywhere and you will have some kind of market reaction. as we countdown to the end of this fiscal cliff, i'm going to call it a debacle because that's exactly what it is. even if we get a very, very narrow deal, whoop-de-doo, we have a debt ceiling problem and amt taxes, government spending, all of those problems outstanding, nothing done. the dow jones industrial average is not done up for the opening bell, it's down, we're 42 points, 48 points going down as of right now. 50 points lower. what did you give, what did you get for christmas this year? chances are, a computer tablet maybe? according to the latest data from cnet, there were 17.4 million tablet activations on christmas day alone, more than double than last year. look at the two leading tablet m
there was a report that maybe these talks between mitch mcconnell and vice-president biden were making some progress. on that, up went the futures market to show a gain of 80 points for the dow. we're back to showing a gain of 50 or 70 points. watch for head lines, for leaks, for any sound bites that might appear on any news program anywhere and you will have some kind of market reaction. as we countdown to the end of this fiscal cliff, i'm going to call it a debacle because that's exactly what...
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as you may know by now, mitch mcconnell just arrived on capitol hill a few moments ago. we'll be waiting to see whether senator mcconnell's discussions with the vice president, joe biden, have produced a working deal. we've bp getting headlines all morning long, major progress, not at all like the headlines we were getting last night which was quite the opposite. of course, as the headlines become available, we'll be bringing them to you live. for the last day of the year, it is more high drama than we're used to. >> it is. the markets really are holding pretty steady in light, despite this dram a i should say. the dow down by about .10%. the nasdaq has been powering higher in this session, in terms of the major indices. up by about .6%. fairly calm in the markets so far. >> we'll see if john harwood changes any of that. we go to washington with breaking news. john? >> carl, i just spoke to a republican source close to the talks who gave this update. vice president biden and senate republican leader mitch mcconnell last talked at 6:30 this morning. they not only talked a
as you may know by now, mitch mcconnell just arrived on capitol hill a few moments ago. we'll be waiting to see whether senator mcconnell's discussions with the vice president, joe biden, have produced a working deal. we've bp getting headlines all morning long, major progress, not at all like the headlines we were getting last night which was quite the opposite. of course, as the headlines become available, we'll be bringing them to you live. for the last day of the year, it is more high drama...
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moments ago we had senator mitch mcconnell, the to be senate republican walk in. he had spoken to the vice president last night after midnight. spoke to him again this morning at 6:30 in the morning. by those measures it certainly seems like there is a good pace, if you will, to discussions between the two key figures to the negotiations at this critical stage. bottom line, talks are ongoing. a lot of official channels have been pretty quiet about signs of progress but senator kyl in a candid moment he does hear there is progress. and they are hopeful, hopeful, we will get a deal at some point and perhaps bring it to the floor. heather? heather: mike, i want to ask you in terms of all the time changes, do they still look to reconvene at 11:00? is that the latest you've heard? >> reporter: that is the latest we are hearing. they will be back on the floor at 11:00 a.m.. we should get some comments at that point from the relevant senate leaders, mcconnell and reid. but we'll see, we'll listen carefully for any signs of announcement at their point or whether they are
moments ago we had senator mitch mcconnell, the to be senate republican walk in. he had spoken to the vice president last night after midnight. spoke to him again this morning at 6:30 in the morning. by those measures it certainly seems like there is a good pace, if you will, to discussions between the two key figures to the negotiations at this critical stage. bottom line, talks are ongoing. a lot of official channels have been pretty quiet about signs of progress but senator kyl in a candid...
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i think that turned around last night with word that vice president biden and mitch mcconnell would be negotiating overnight. mid-afternoon yesterday, dow futures were way, way down. it was going to be an ugly day on the markets, and that turned around and now they're looking positive this morning. so, i think the markets are optimistic about a deal, finally. >> and josh, fair to say most economists believe that if we do go over the cliff, it's fairly calamitous for the economy. >> well, it is calamitous for the economy in the long term. i think in the short term, it gives a real blow to consumer confidence. and we saw after the debt ceiling showdown last year that that can be really damaging to the economy, even if congress does wrap up in the new year and turn around and pass something retroactively. >> okay, so, we have, and we're going to look at how we got here, but we have a lot of people who are coming on the set or coming on the show and just shaking their head with washington. they just can't -- it's like this -- it's stupid! it's completely stupid that we're sitting here talk
i think that turned around last night with word that vice president biden and mitch mcconnell would be negotiating overnight. mid-afternoon yesterday, dow futures were way, way down. it was going to be an ugly day on the markets, and that turned around and now they're looking positive this morning. so, i think the markets are optimistic about a deal, finally. >> and josh, fair to say most economists believe that if we do go over the cliff, it's fairly calamitous for the economy. >>...
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mitch mcconnell. look where they're coming around on. when boehner decided to halt the talks and go toward his plan "b," they were upset because they thought the white house should be coming up another $100 billion, $150 billion on spending cuts. what i never understood is why stop the talks right then? if you believed you were close, the white house at $400,000, boehner at $1 million, they stopped trading proposals. boehner decided not to do that. now, i think there's clearly some sort of personal -- they don't know how to talk to each other, the white house and boehner. they just don't know how to negotiate with each other. biden and mcconnell do know how to speak to each other. and i think if they get 75 or 80 votes in the senate for what they come up with, and you know what? they're not that far apart on this fix, if you will. basically, they seem to be divided on whether to buy down the sequester. but they're not that far apart. and if they get 75 or 80 votes, that's going to mean 30 to 35 republicans. boehner has to put it on the f
mitch mcconnell. look where they're coming around on. when boehner decided to halt the talks and go toward his plan "b," they were upset because they thought the white house should be coming up another $100 billion, $150 billion on spending cuts. what i never understood is why stop the talks right then? if you believed you were close, the white house at $400,000, boehner at $1 million, they stopped trading proposals. boehner decided not to do that. now, i think there's clearly some...
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you think about joe biden and mitch mcconnell, mitch mcconnell is totally looking at this through a political lens, what is in the best interest of republicans in his view? from what i understand in his view he thinks what's in the best interest of the republican party is getting the tax issue off the table and then having a big knockdown, drag-down fight with the president in six weeks over the debt ceiling. under that scenario, that would tell me, okay, he's likely to want to make a deal. when you look at the actions that republicans threw out that idea of throwing in the social security change and suddenly democrats balked -- and he pulled it from the table. mitch mcconnell wants to make the deal, get the tax issue off the table simply because he thinks having more leverage -- if you leave taxes there, it gives the white house and democrats more leverage in the debt ceiling. even if they get a deal today we have a big fight in the next six weeks. >> if there is a deal today can it about get passed in time to avoid the fiscal cliff? >> i'm not optimistic that it can get through the house. i
you think about joe biden and mitch mcconnell, mitch mcconnell is totally looking at this through a political lens, what is in the best interest of republicans in his view? from what i understand in his view he thinks what's in the best interest of the republican party is getting the tax issue off the table and then having a big knockdown, drag-down fight with the president in six weeks over the debt ceiling. under that scenario, that would tell me, okay, he's likely to want to make a deal....
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mitch mcconnell is the key. he can take the president over into the presidency and a came a great man. we need to make sure we let mr. mcconnell know that history is there. i know he has a lot of issues. everyone bacchant e-mail, text -- everyone can e-mail and text and let mr. mcconnell n know. the tea party is off the rail. this will make this country take off. i hope mr. mcconnell sees this. everyone out there, the game has been played. host: thank you for the call. harry is joining us from pittsburgh. caller: this whole thing is ridiculous. i started paying social security and 14. i have quite a bit of money in there. i have made my own way. record, the past money they are asking for, that is mostly white people making that money. they should call it what it is. that is still whitey's money. i wish i was as smart as it then people. a lot of people have called then and have not worked hard. everybody wants their children to be rich. right now you're evil if you're rich. host: thank you for the call, harry. th
mitch mcconnell is the key. he can take the president over into the presidency and a came a great man. we need to make sure we let mr. mcconnell know that history is there. i know he has a lot of issues. everyone bacchant e-mail, text -- everyone can e-mail and text and let mr. mcconnell n know. the tea party is off the rail. this will make this country take off. i hope mr. mcconnell sees this. everyone out there, the game has been played. host: thank you for the call. harry is joining us from...
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mcconnell. >> it's now 2:00 p.m. and we've yet to receive a response to our good-faith offer. >> he indicated the differences were too wide and he indicate thad the white house might be tying their hands. >> i've had a number of conversations with the president and at this stage we're not able to make the counteroffer. >> so senator mcconnell called the vice president who he served with in the senate for 24 years. the two men spoke several times sunday. >> i want everyone to know i'm willing to get this done, but i need a dance partner. >> reporter: democrats want to let the bush-era tax cuts expire for all household income over $250,000. republicans would rather set the cut-off at around $500,000. the estate tax rate stands at 35%. it is set to revert to 55%. at this point, many members are just hoping their leaders can come up with something if only to show that congress is competent. >> i don't think anyone here is going to benefit from a calamity happening in this country's economy. >> reporter: any agreement, if
mcconnell. >> it's now 2:00 p.m. and we've yet to receive a response to our good-faith offer. >> he indicated the differences were too wide and he indicate thad the white house might be tying their hands. >> i've had a number of conversations with the president and at this stage we're not able to make the counteroffer. >> so senator mcconnell called the vice president who he served with in the senate for 24 years. the two men spoke several times sunday. >> i want...
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>> not a given, but i think the chances are pretty good that if mitch mcconnell comes out, strikes a deal, blesses it, it gets 60 plus votes in the senate, which means some -- a slug of republicans are going along with democrats to vote for it, they might lose some democrats on it, i think then it would be very difficult for john boehner on the last day to keep that off the house floor. john boehner has followed what denny hastert used to impose as the majority of the majority rule. you don't bring something to the floor unless most of your members are for it. i think john boehner in this case would be willing to set that aside. he would have something else for his members to vote for, which would be more favorable to those die hard conservatives who oppose the deal, but i think he would put it on the floor and i think eld pass. >> joining us now on the set is republican congresswoman shelly moore-capito and democratic congressman greg meeks from new york. congresswoman, i think he could do that and bring it and still be fine on january 3rd. is that your view? he would be re-elected
>> not a given, but i think the chances are pretty good that if mitch mcconnell comes out, strikes a deal, blesses it, it gets 60 plus votes in the senate, which means some -- a slug of republicans are going along with democrats to vote for it, they might lose some democrats on it, i think then it would be very difficult for john boehner on the last day to keep that off the house floor. john boehner has followed what denny hastert used to impose as the majority of the majority rule. you...
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we could hear from mitch mcconnel and harry reid. because no deal to avoid a fiscal cliff there is major uncertainty . investors are embracing for trading. dow plunge would 158 points on friday. it was the longest state of losses since july. there is a sell off over seas today to lock in profits. >> another major health scare for secretary of state hillary clinton. >> she was supposed to be back on the job this week. she is instead waking up in new york city hospital new york presbyterian. a blood clot in a follow-up exam. she was forced to cancel the hearing. lawmakers said a hillary clinton must testify before a vote can happen with senator john kerry. nine people are killed and two doysen are injured when a bus crashed off a highway. the bus was driving through a mountain pass. the bus plummled 200 feet down the slope. >> famous ball drop in sometimes square. beefing up security and thousands of extra chromes scattered in the crowd. trust me they are e top of unifs there will be bomb sniffing dogs commissioner ray kelly will said
we could hear from mitch mcconnel and harry reid. because no deal to avoid a fiscal cliff there is major uncertainty . investors are embracing for trading. dow plunge would 158 points on friday. it was the longest state of losses since july. there is a sell off over seas today to lock in profits. >> another major health scare for secretary of state hillary clinton. >> she was supposed to be back on the job this week. she is instead waking up in new york city hospital new york...